Trend test - Doge - Possible incoming big bull signal
Just a small TA analysis. Looking at the MA 50 - 200 we're closing in on a cross on the 15 minute chart after the 1, 3 and 5 minute MA:s have crossed each other and started trending upwards.
From a TA standpoint there should be a large move upwards if the 50 and 200 MA lines cross each other on the 15 minute chart.
Looking promising ahead of Elons TV apperance on SNL this coming weekend. Fundamentally it's likely that people are starting to take more positions as the news are spreading about the "Dogefathers" apperance.
The green horizontal lines also show that DOGE has tried and bounced of resistances and is holding firm around 0,5 - 0,6 dollars per DOGE and is now holding on trailing on the fibbs and if we get a large move it would be
perfect if the red tilting line breaks and then the higher resistances. With the MA50 - MA200 cross looking more and more likely this is coming closer and closer to a real possibility.
Let's see where this goes dear Shibes!
Very excite, much fun, many lines!
From a TA standpoint there should be a large move upwards if the 50 and 200 MA lines cross each other on the 15 minute chart.
Looking promising ahead of Elons TV apperance on SNL this coming weekend. Fundamentally it's likely that people are starting to take more positions as the news are spreading about the "Dogefathers" apperance.
The green horizontal lines also show that DOGE has tried and bounced of resistances and is holding firm around 0,5 - 0,6 dollars per DOGE and is now holding on trailing on the fibbs and if we get a large move it would be
perfect if the red tilting line breaks and then the higher resistances. With the MA50 - MA200 cross looking more and more likely this is coming closer and closer to a real possibility.
Let's see where this goes dear Shibes!
Very excite, much fun, many lines!
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